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.network glossary
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take down:

... a draw against a capital fund for a specific purpose, such as a drawing against a construction loan in increments; therefore, a take down from the total amount of a loan.
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definition of take down / what is a loan take down
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target area ... a region that is the place of interest to an enterprise developer.
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definition of target area
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target audience (1):

... the user group The Network is designed to serve. Members of the group have an interest in enterprise and economic developmentdashsee the .network mission statement.
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definition of target audience of the enterprise and economic development network
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target audience (2):

... a group profiled for marketing purposesdashsee marketing analysis. A business classification from which enterprises are selected as potential prospects and targeted to receive location data and see advertising in, for example, site selection publicationsdashsearch for economic development marketing for more explanation and links to useful resources.
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definition of target audience as a marketing term
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tax funds:

... money or other resources, such as property provided through a taxing authority as opposed to contributed funds. For example, a local development authority may operate entirely with tax funding or with a mix of funding as a quasi-governmental organization.
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definition of tax funds / definition of tax funding
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tax incentive ... an inducement offered as a tax abatement.
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definition of tax incentive
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taxes and incentives:

... an information category of economic development data or location data that one might see in a community profile; a link or heading for information provided at a location data supplier's website; information about taxes and tax incentives in a location.
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definition of taxes and incentives / what are the taxes and incentives available
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taxing authority:

... that which has enforcement powers to extract an involuntary contribution for supporting a government entity or program; a government agency is position to levy a tax; a government agency which places a financial charge on a property, generally after an assessment, and enforces its collection.
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definition of tax authority / definition of taxing authority
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tax increment financing: (TIF)

... a means of incentive or community development financing whereby property values in an area are maintained at a specified level until property values begin to risedashsee Lessons from the Field provided online by the Northeast-Midwest Institute (USA).
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definition of tax increment financing / what is tif / what does tif mean
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tax map:

... a graphic representation showing and defining real estate in relationship to contiguous real property in order to determine or state value for assessing and taxing purposes.
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definition of tax map / what is a tax map / definition of taxmap
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tax package:

... an accounting for all taxes and abatements to be expected at a location; taxes and tax shelters, abatements and incentives presented all together in order to accommodate an analysis, such as a ten-year-cash-flow.
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definition of tax package / what is a tax package
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tax shelter ...
an allowance for a postponement or elimination of a tax liability.
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definition of tax shelter
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technical labor:

... workers experienced or trained in skills that allow them to do analytical thinking on the job; technicians. See the definition of technical school, pre-employment training and OJT.
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definition of technical labor / definition of technical worker / definition of technician
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technical school:

... technician education and/or training operation; a community college that helps people qualify for jobs as technical workers; an institution for learning offering a combination of education and training close to the job market that is flexible so that practical changes can be made as necessary to accommodate local workforce development; a technical college.
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definition of technical school / definition of technical college / define community college
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telecom ...
abbreviation for telecommunications, for example, telecom technology.
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definition of telecom / what is telecommunications abbreviated
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telecommuting ... virtually going to and from work online at home; to telecommute.
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definition of telecommute / definition of telecommuting
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telework center:

... a location where employees use telecommunications tools to perform their jobs.
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definition of telework / definition of telework center
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spacertemp ... temporary; someone working at a job temporarily.
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definition of temp / definition of a temp worker
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ten-year-cash-flow:

... a sensitivity analysis; a cost analysis for an enterprise development project based on the source and application of funds. A skilled site selector would include it as part of a comparative analysis, for example, considering the projecting the value of tax incentives (the source) against the one-time cost of relocation services. Certain assumptions have to be made so experience counts. Labor turnover is very likely to increase after relocation; therefore, knowing how to gather the information to project its time and costs before settling back to what it was before or improving is as much part of an analysis as is capital.
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definition of ten-year cash flow / definition of 10-year cash flow
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tenant ... a lessee. A tenant may occupy but not necessarily be a lessee.
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definition of tenant / definition of lessee
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thread ... to tediously follow a series of clues or subject-related indicatorsdashsee threader.
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definition of thread / meaning of to thread through
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tight money ... funds that are hard to get as compared to money available earlierdashmore.

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definition of tight money / what is the availability of funds in a tight market called
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time line:

... a line representing a span of time and having a series of points of action; a line with tic marks representing significant or noteworthy dates or times; a plan for a sequence of work to be performed expressed graphically in a linear fashion as events and their times.
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definition of time line / definition of timeline / how to make a time line projection
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time is money:

... emphasis on the value of a unit of time in terms of a currency; a phrase associated with the principle of finance stating that money is worth more the sooner it's received because of potential earning capacity; time value of money based on its availability in the present and seen as worth more than the same amount in the future due to its capacity to earn interest; an expression implied when making a point such as don't waste time.
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definition of time is money / meaning of the metaphor time is money
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time is of the essence:

... an expression that emphasizes a time-value, such the metaphor: time is money; a boiler plate expression in contracts, such as a real estate agreement, that requires performance with punctuality; to hurry someone along by implying that there is a value on time.
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definition of time is of the essence
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time-price differential:

... the difference between the purchase price of real estate and its higher cost-total if it were to be purchased on an installment basis, including finance charges.
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definition of time-price disenthrall
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time value of money:

... the maxim that makes it acceptable to charge interest; a principle professing that money received now is worth more than it will be when received laterdashsee time-is-money.
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definition of time value of money
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title insurance:

... an indemnity agreement under which an insurer warrants to make good a loss arising through defects in title to real estate or any liens or encumbrances thereon. A title insurance company actually contracts to protect the holder-of-title by a recording act against something that may have already happened, but is not yet discovered or revealed.
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definition of title insurance
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spacertool:

... anything used to perform a task or to facilitate a process, for example, a search tool. The tool at the top of this page can be used to Google the Web. Area and local development representatives use a questionnaire, sometimes referred to as a PSF, as a tool for gathering information about economic development projects. The Site Selection Directory is a tool use by enterprise developers and site selectors to conveniently and securely publish project specifications and profiles online, for free, in order to gather economic development data from places of interest. The Global Registry of Contacts is a tool for those who are interested in using site selection directories.

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what is a site selection tool / what is a tool for enterprise development
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top decision maker:

... one among those having authority to make up their minds about matters which trigger actions or bring about consequences for which they are fully responsible; one in charge who makes the final decisions and is in the position of which it can the said: the buck stops here.
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definition of top decision maker / who are top decision makers
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topography:

... definition of the nature of a surface as in topography map or topo. Contours are the best known elements of topo maps, therefore they may also be referred to a contour maps.
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definition of topography / definition of topo map / definition of contour map
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tort:

... a negligent or intentional act of wrong-doing arising form breach of duty as defined by law rather than contract; therefore it is a violation of a legal right. It is also defined as a civil wrong such as a negligence, liable nuisance, trespass, slander of title or false incarceration.
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definition of tort
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Total Quality Management: (TQM)

... a strategic production method that allows workers to voluntarily strive to meet or exceed the the expectations of customers as applied to performance at every level and in all areas of responsibility; following consideration for the voice of the customer, a combination of management techniques and team efforts within a disciplined structure focused on continuously improving all processes (continuous improvement). The term quality circle is used to describe a production team that is dedicated to qualitydashmore information from Xavier University of Louisiana, New Orleans, LA.
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definition of tqm / what is total quality management
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tourism:

... the economic development effort aimed at attracting visitors to a locationdashone definition of economic development states that it is the increasing ... of capital through the community and reducing its leakage. The Network provides a resource paper: Tourism as Economic DevelopmentdashA Brief Guide for Communities and Entrepreneurs.
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definition of tourism / what is tourism marketing for economic development
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trade school

... facilities with a program to help people qualify for jobs or train for careers. Trade schools are often associated with trade unions which are associations of workers dedicated to the development of their specialized skills through apprenticeships which may be on-the-job training or pre-employment training. Trade schools differ from technical schools in that the latter are more narrowly focused on work that requires a familiarity with engineering practices and procedures.
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definition of x
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transportation:

... that which is used to move people and things from one place to another. As a location data category, transportation generally refers to transportation infrastructure.
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definition of transportation
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transportation center:

... an intersecting point for one or more modes of transportation; a place where one or more modes of transportation converge and there is relatively significant activity in support of an economy or its development; a location where the transportation infrastructure and related activities are significant so as to define a region. Transportation centers that generate economic activity in a region tend to grow in population. Growth creates a need for places seeking economic development to have sources of reliable location data available for enterprise developers and site selectors.
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definition of transportation center
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transportation infrastructure:

... the services and facilities of conveyance other than utilities and communication that support ongoing economic activity in a location; everything that would fall under transportation as one of four essential place-data items that economic development prospects want to know about. Transportation in general includes water, air, and ground vehicles and services that make use of location infrastructure.
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definition of transportation infrastructure
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triple net lease:

... defined by InvestorWords.com; the net-net-net lease that exists when, in addition to the stipulated rent payment, the lessee assumes responsibility for all expenses associated with the operation of the property. This includes both fixed expenses such as taxes and insurance, and all operating expenses, including cost of maintenance and repair. Triple net lease agreements may require a renter to pay interest on a lessors' property mortgage.
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definition of triple net lease / definition of a net net net lease
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turn-key:

... a construction package, from ground-breaking to ribbon-cutting, handled completely so that all that is left to do, so to speak, is to turn the keys over to the buyer. A turn-key lease is one in which the lessor agrees to give the lessee ready-to-occupy-property.
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definition of turnkey / definition of turn-key
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turnover:

... labor turnover; a rate or count of workers leaving their jobs during a given period of time. A turnover rate may be established with attrition being the only explanation (attrition, however, is the gradual reduction in the size of a workforce that comes about by not replacing workers lost through retirement or resignation.) Analysis requires examination of involuntary turnovers, such as retirements, layoffs, terminations) as well as voluntarily turnovers, such as workers leaving for better jobs. Analysis also requires consideration of why employees are leaving and the concern of the employer for keeping good workers on the job.
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definition of turnover
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link: .network help / intro

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[T] page in the .network glossary / page in an alphabetical series

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